Whether you are a Baby Boomer, Gen X, or Millennial, understanding the rules for retirement plans like IRAs and 401(k)s can ...

David Rae is a gay Financial Planner, president DRM Wealth Management. There’s a pervasive myth that 401(k) plans don’t have fees. While the plans are valuable and worthwhile, they are most ...

You can contribute more to your 401(k) beginning at age 50 Matt Webber is an experienced personal finance writer, researcher, ...

The American retirement system has earned a disappointing C+ in a global ranking, with experts saying the country’s patchwork ...

Very few private employers offer pensions nowadays, and most have shifted to defined contribution plans such as 401(k) accounts. Both employees and employers can contribute to 401(k) plans ...

After decades of thinking about retirement plans, my conclusion is that coverage is the major issue. A lifetime of ...

No. A 401(k) is a defined contribution plan. In the employer-sponsored retirement plan sector, it is one of two plan platforms allowed under U.S. federal government regulations: defined benefit ...

401(k) plans let you contribute pre-tax earnings, reducing taxable income now in exchange for taxable withdrawals. Defined contribution plans come in varieties like 403(b), 457, and Thrift Savings ...

which it suspended 10 years ago in favor of defined-contribution, or 401(k), retirement plans. The shift in the private sector from pensions to 401(k)s has been going on for decades, but now there’s ...